First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) Stock Holdings Cut by Truist Financial Corp

Truist Financial Corp lessened its position in First Trust Emerging Markets Local Currency Bond ETF (NASDAQ:FEMB) by 1.1% during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 414,581 shares of the company’s stock after selling 4,691 shares during the period. Truist Financial Corp owned approximately 6.14% of First Trust Emerging Markets Local Currency Bond ETF worth $11,264,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. Benjamin F. Edwards & Company Inc. bought a new stake in First Trust Emerging Markets Local Currency Bond ETF during the first quarter worth approximately $120,000. Comerica Bank boosted its stake in shares of First Trust Emerging Markets Local Currency Bond ETF by 12.7% during the 1st quarter. Comerica Bank now owns 7,203 shares of the company’s stock worth $203,000 after acquiring an additional 809 shares in the last quarter. Concourse Financial Group Securities Inc. grew its holdings in shares of First Trust Emerging Markets Local Currency Bond ETF by 38.8% in the 1st quarter. Concourse Financial Group Securities Inc. now owns 7,873 shares of the company’s stock worth $222,000 after acquiring an additional 2,201 shares during the last quarter. AE Wealth Management LLC acquired a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF during the second quarter worth $270,000. Finally, Bank of New York Mellon Corp purchased a new stake in shares of First Trust Emerging Markets Local Currency Bond ETF during the second quarter valued at $360,000.

First Trust Emerging Markets Local Currency Bond ETF Trading Down 0.4 %

NASDAQ:FEMB opened at $28.41 on Friday. The stock has a fifty day simple moving average of $28.38 and a 200 day simple moving average of $27.90. First Trust Emerging Markets Local Currency Bond ETF has a 1-year low of $25.91 and a 1-year high of $30.11.

First Trust Emerging Markets Local Currency Bond ETF Announces Dividend

The company also recently declared a monthly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a dividend of $0.1325 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $1.59 dividend on an annualized basis and a dividend yield of 5.60%.

About First Trust Emerging Markets Local Currency Bond ETF

The First Trust Emerging Markets Local Currency Bond ETF (FEMB) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund that invests in a broad range of bonds issued by emerging-market sovereign, sub-sovereign and quasi-sovereign entities, denominated in local currencies.